AMX Hosts Auction for 25 Billion Dram Government Bond Issuance

YEREVAN, October 13. /ARKA/. An auction for the issuance of government bonds totaling 25 billion drams took place at the Armenia Securities Exchange (AMX) on October 13, the exchange’s press service reported.

Specifically, the volume of the government bond issuance bearing the code AMGB3029A548 and a 30-year maturity amounted to 25,000,000,000 drams; the entire volume was successfully placed, with demand reaching 41,843,000,000 drams. The weighted average price yield was 9.7428%, and the annual coupon yield was 7.6%.

The government bonds are available for purchase both on the AMX trading platform and via the online platform gp.minfin.am.

About the Armenia Securities Exchange

AMX is the only operating stock exchange in Armenia and the sole shareholder of the Central Depository of Armenia. The AMX Group’s mission is to foster a favorable investment environment in Armenia by offering efficient solutions and services, including in the areas of securities trading, clearing, settlement, and pension system administration.

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